Gibson Energy (OTCMKTS:GBNXF) Stock Price Passes Below Fifty Day Moving Average – Should You Sell?

Gibson Energy Inc. (OTCMKTS:GBNXF) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $20.90 and traded as low as $20.5935. Gibson Energy shares last traded at $20.5935, with a volume of 974,873 shares trading hands.

Wall Street Analyst Weigh In

A number of analysts have recently commented on GBNXF shares. Zacks Research upgraded Gibson Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Gibson Energy in a research report on Tuesday, May 26th. Finally, TD Securities raised Gibson Energy from a “hold” rating to a “buy” rating in a report on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Gibson Energy Trading Down 1.9%

The firm has a market capitalization of $3.49 billion, a price-to-earnings ratio of 31.57 and a beta of 0.62. The company has a debt-to-equity ratio of 2.73, a quick ratio of 0.87 and a current ratio of 1.17. The company has a 50 day moving average price of $20.92 and a two-hundred day moving average price of $20.38.

Gibson Energy (OTCMKTS:GBNXF) last released its quarterly earnings results on Monday, May 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.21). The company had revenue of $1.98 billion during the quarter, compared to analyst estimates of $2.09 billion. Gibson Energy had a net margin of 1.36% and a return on equity of 16.57%. On average, research analysts forecast that Gibson Energy Inc. will post 0.71 EPS for the current year.

Gibson Energy Company Profile

Gibson Energy is a midstream energy services company headquartered in Calgary, Alberta, that provides crude oil, natural gas liquids (NGL) and refined products storage, terminalling, processing and transportation. With a network of terminals, pipelines, truck racks and processing facilities, the company serves producers, refiners, marketers and other midstream operators across Western Canada and parts of the U.S. Its comprehensive offerings include product handling, blending, distribution and marketing services tailored to meet fluctuating energy market demands.

Gibson Energy’s infrastructure portfolio includes crude oil and refined product terminals, an NGL fractionation facility and bulk storage sites strategically located near key supply basins such as the Alberta oil sands region and the U.S.